Charitable Deduction | Federal | State
Mar 9, 2012
The latest edition of the ACR newsletter is available below. Here are highlights:
New Publication
Washington Roundup:
- Tax Bills
- Election Shakeups
Consider This: Presidential Candidates and Their Charitable Giving
Charitable Deduction | Federal | Press Releases
Oct 18, 2011
WASHINGTON, D.C.—The Alliance for Charitable Reform (ACR) applauded testimony in today’s Finance Committee Hearing, which focused on incentives for charitable giving, for showing strong support for preserving the charitable deduction and ensuring giving continues to serve those in need.
“We applaud Senators Hatch, Baucus and others for their support in preserving giving, especially in today’s tough economic climate,” said Sue Santa, Senior Vice President of The Philanthropy Roundtable. “We also applaud those who testified on behalf of charitable giving, reiterating its importance to charitable organizations. Those organizations are providing help to many in desperate need, and as we heard in today’s hearing, now is not the time to experiment with changing the charitable deduction.”
Charitable Deduction | Federal
Oct 18, 2011
Today, October 18, 2011, the Senate Finance Committee held a hearing entitled “Tax Reform Options: Incentives for Charitable Giving.”
Senators Max Baucus (D-MT), Orrin Hatch (R-UT), Benjamin Cardin (D-MD), Thomas Carper (D-DE), Charles Grassley (R-IA), and John Thune (R-SD) attended the hearing. They heard from Dr. Frank Sammartino, Assistant Director For Tax Analysis, Congressional Budget Office; Elder Dallin H. Oaks, The Quorum of the Twelve Apostles, The Church of Jesus Christ of Latter-day Saints; Dr. Eugene Steuerle, Richard B. Fisher Chair and Institute Fellow, The Urban Institute; Mr. Brian A. Gallagher, President and CEO, United Way Worldwide; and Mr. Roger Colinvaux, Associate Professor, The Catholic University of America, Columbus School of Law.
In a press release the Alliance for Charitable Reform applauded testimony in today’s hearing, which focused on incentives for charitable giving, for showing strong support for preserving the charitable deduction and ensuring giving continues to serve those in need.